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  2. How to calculate interest on a car loan - AOL

    www.aol.com/finance/calculate-interest-car-loan...

    How to calculate car loan interest payments. There are several ways to calculate your monthly auto loan interest payment. You can use an online loan payment calculator or work directly with a lender.

  3. How Much Should My Car Payment Be? - AOL

    www.aol.com/much-car-payment-145003598.html

    Learn how to determine an affordable car payment that aligns with your income, expenses and financial goals using the 20/4/10 rule.

  4. How to calculate loan payments and costs - AOL

    www.aol.com/finance/calculate-loan-payments...

    You then divide that figure by 12 months to determine your monthly payment. $20,000 x 0.06 = $1,200 in interest each year $1,200 divided by 12 months = $100 in interest per month

  5. How Much Car Can I Afford? How To Calculate - AOL

    www.aol.com/much-car-afford-calculate-212330885.html

    Many financial experts would advise you to not spend more than 10% to 15% of your net monthly income on car payments. For total vehicle costs, which include loan payments and auto insurance, you ...

  6. Amortization calculator - Wikipedia

    en.wikipedia.org/wiki/Amortization_calculator

    An amortization calculator is used to determine the periodic payment amount due on a loan (typically a mortgage), based on the amortization process. The amortization repayment model factors varying amounts of both interest and principal into every installment, though the total amount of each payment is the same.

  7. How Much Car Can You Afford? - AOL

    www.aol.com/much-car-afford-134000720.html

    Based on a calculation of spending 10–15 percent of your monthly pay on a car loan, you should spend no more than $562.50 on your monthly car payment. On the lower end, your car payment would be ...

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